Reply to Is it worth digging down?

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[quote=Anonymous]Would recommend you do it, but be cognizant that it may cost you much more than $50k.

We dug down and underpinned 3 feet for our rowhouse recently.  Bear in mind you'll lose around 6 inches when you introduce a modern slab and gravel pit.

We were expecting to spend around $80k and ended up paying around $200k after the contractor we hired did such a poor job that our inspector recommended we fire him and then we were forced to bring in another contractor to redo a lot of that first contractor's work.  It was a mess.

Another neighbor spent around $200k but did not underpin but we also know people who spend as little as $50k to underpin.  Really luck of the draw with contractors as you can have a bad experience with one who usually

Be prepared to spend as much as we did...  Even spending $200k it was worth it since we more than recouped that amount in value.  Our basement is about 1000 sq feet and a nice finished basement in our area will add net around $300 per square feet in value ($400 per sq foot high ceiling finished basement vs. $100 per for a low ceiling, unfinished one) .  [/quote]

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